Fair value hierarchy - Revision history

imported>Doug Williamson: Categorise.

2018-07-11T10:29:53Z

Categorise.

← Older revision		Revision as of 10:29, 11 July 2018
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	* [[IFRS 13]]		* [[IFRS 13]]
	* [[International Accounting Standards Board]]		* [[International Accounting Standards Board]]

			[[Category:Compliance_and_audit]]

imported>Doug Williamson: Specify financial reporting context.

2018-07-10T17:36:18Z

Specify financial reporting context.

← Older revision		Revision as of 17:36, 10 July 2018
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			''Financial reporting - IFRS 13''.

	IFRS 13 seeks to increase consistency and comparability in fair value measurements and related disclosures through a 'fair value hierarchy'.		IFRS 13 seeks to increase consistency and comparability in fair value measurements and related disclosures through a 'fair value hierarchy'.


	The hierarchy categorises the inputs used in valuation techniques into three levels i.e. Level 1, Level 2 and Level 3.		The hierarchy categorises the inputs used in valuation techniques into three levels i.e. Level 1, Level 2 and Level 3.

	Level 1 inputs: quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date.		*Level 1 inputs: quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date.

	Level 2 inputs: inputs other than quoted market prices that are observable for the asset or liability, either directly or indirectly.		*Level 2 inputs: inputs other than quoted market prices that are observable for the asset or liability, either directly or indirectly.

	Level 3 inputs: unobservable inputs for the asset or liability.		*Level 3 inputs: unobservable inputs for the asset or liability.


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	* [[FVTPL]]		* [[FVTPL]]
	* [[FVTOCI]]		* [[FVTOCI]]
			* [[IFRS 13]]
	* [[International Accounting Standards Board]]		* [[International Accounting Standards Board]]
	* [[IFRS 13]]

imported>Doug Williamson: Source: IFRS 13, www.iasplus.com

2018-07-09T22:53:56Z

Source: IFRS 13, www.iasplus.com

New page

IFRS 13 seeks to increase consistency and comparability in fair value measurements and related disclosures through a 'fair value hierarchy'.

The hierarchy categorises the inputs used in valuation techniques into three levels i.e. Level 1, Level 2 and Level 3.

Level 1 inputs: quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date.

Level 2 inputs: inputs other than quoted market prices that are observable for the asset or liability, either directly or indirectly.

Level 3 inputs: unobservable inputs for the asset or liability.

== See also ==
* [[Fair value]]
* [[FVTPL]]
* [[FVTOCI]]
* [[International Accounting Standards Board]]
* [[IFRS 13]]